Macom Technology Solutions Holdings Inc Reports Results For The Quarter Ended In June: Earnings Summary

MACOM Technology Solutions Holdings

29/07/2021 14:46

* MACOM Technology Solutions Holdings Inc  MTSI.OQ  reported
quarterly adjusted earnings of 57 cents​​ per share for the
quarter ended in June. The mean expectation of fifteen analysts
for the quarter was for earnings of 53 cents per share.
* Revenue rose 11.2% to $152.62 million from a year ago; 
analysts expected $152.10 million. 
* MACOM Technology Solutions Holdings Inc's reported EPS for the
quarter was 21 cents​.
* The mean earnings estimate of analysts had risen by about 2.2%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* MACOM Technology Solutions Holdings Inc shares had fallen
by 6.5% this quarter and gained 8.9% so far this year.
* The company reported quarterly net income of $15.01 million.
* Wall Street's median 12-month price target for MACOM
Technology Solutions Holdings Inc is $70.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 29 at 01:46 p.m.  ​All
figures in US dollars unless otherwise stated